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Agenda 04/28/2015 Item #16A20 4/28/2015 16.A.20. EXECUTIVE SUMMARY Recommendation to direct Staff to extend the "Early Entry" bonus Transfer of Development Rights (TDR) credit, as provided for within the Future Land Use Element (FLUE) of the Growth Management Plan (GMP). OBJECTIVE: To have the Board of County Commissioners (BCC) provide direction for the extension of the Early Entry bonus TDR credit for an additional three years, until September 27, 2018 and include the extension within the staff initiated GMP-Amendment cycle. CONSIDERATIONS: The Early Entry bonus TDR was first introduced into the Rural Fringe Mixed Use District (RFMUD) through Ordinance 05-25, which provided for its availability for three years from the date of the implementing Land Development Code (LDC) amendment to September 27, 2008. Through Ordinance 08-59, the Early Entry bonus TDR was extended to a March 27, 2012 expiration date. Finally, as part of the County's 2011 Evaluation and Appraisal Report(EAR), Growth Management Plan (GMP) 2011 amendments, the Early Entry bonus TDR was extended to the current date of September 27, 2015. It should be noted that corresponding amendments to the Land Development Code, sections 2.03.07.D.4.c.iic) and 2.03.07.D.4.f.ii.b)1) will also be needed. Additionally, at the February 10, 2015 BCC Public Hearing, the BCC allocated additional funding to Comprehensive Planning to provide for the initiation of the structural review of the four sub-area plans of the GMP, east of CR951, with the Rural Fringe Mixed District being the first area to restudy. Within that review of the RFMUD, the appropriateness of the Early Entry bonus will be evaluated, with specific recommendations anticipated regarding the duration the Early Entry TDR bonus should be available. Based upon this recognition, staff is seeking direction from the BCC to extend the Early Entry TDR bonus for an additional three years, to allow for the public planning process to arrive upon the best recommendation regarding its availability. FISCAL IMPACT: There are no unaccounted for cost associated with extending the Early Entry TDR bonus an additional three years, staff time to process the request and cost associated with advertising the Ordinance has been budgeted within the current fiscal year allocation. GROWTH MANAGEMENT PLAN (GMP) IMPACT: At this time there are no direct GMP impacts associated with this Executive Summary, but the conclusion of the EAR-based amendment process or a standalone GMP amendment will modify the GMP. LEGAL CONSIDERATIONS: The extension of the Early Entry bonus will be effective when the Ordinance amendments to the Growth Management Plan and Land Development Code become effective. This item is approved as to form and legality. A majority vote is necessary for Board action. (HFAC) RECOMMENDATION: Staff recommends the BCC directs staff to extend the Early Entry bonus TDR credit as part of the 2015 staff initiated GMP amendments and as part of the next LDC amendment cycle. Prepared by: Mike Bosi,AICP, Director, Planning and Zoning Division, Growth Management Department Packet Page-1117- 4/28/2015 16.A.20. COLLIER COUNTY Board of County Commissioners Item Number: 16.16.A.16.A.20. Item Summary: Recommendation to direct Staff to extend the "Early Entry" bonus Transfer of Development Rights (TDR) credit, as provided for within the Future Land Use Element (FLUE) of the Growth Management Plan (GMP) Meeting Date: 4/28/2015 Prepared By Name: BosiMichael Title: Division Director-Planning and Zoning, Comprehensive Planning 3/17/2015 4:19:05 PM Approved By Name: PuigJudy Title: Operations Analyst, Community Development&Environmental Services Date: 3/19/2015 3:08:22 PM Name: MarcellaJeanne Title: Executive Secretary, Transportation Planning Date: 3/23/2015 10:46:52 AM Name: AshtonHeidi Title: Managing Assistant County Attorney,CAO Land Use/Transportation Date: 4/9/2015 4:06:02 PM Name: IsacksonMark Title: Division Director-Corp Fin &Mgmt Svc, Office of Management&Budget Date: 4/10/2015 11:06:09 AM Name: KlatzkowJeff Title: County Attorney, Date: 4/14/2015 1:27:46 PM Name: CasalanguidaNick Title: Deputy County Manager, County Managers Office Date: 4/15/2015 8:29:39 AM Packet Page-1118- 4/28/2015 16.A.20. Packet Page-1119-